Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Veljekset Karjalainen Oy
Veljekset Karjalainen Oy was declared bankrupt 2026-08-04. In its latest retained statement for 2025-12-31, revenue was €837,616 and operating profit was €217,136.
Business ID 0368869-9BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 0368869-9
- Sector
- Construction of residential and non-residential buildings
- Municipality
- Pyhätunturi
- Company form
- Limited company
- Registration date
- 1980-10-31
- Business ID registration date
- 1980-11-14
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Pyhäntie 2030, 98530, Pyhätunturi
About Veljekset Karjalainen Oy
Financial position and key figures for the company.
Veljekset Karjalainen Oy was declared bankrupt 2026-08-04. In its latest retained statement for 2025-12-31, revenue was €837,616 and operating profit was €217,136. The latest retained financial statement for 2025-12-31 shows revenue of €837,616 and profit for the financial year of €159,354. Based on the latest retained statement, revenue growth was -25.7%, operating margin was +25.9%, and equity ratio was -187.6%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2025-12-31
3
2
PRH/XBRL financial statement
Derived indicators
Revenue growth-25.7%
Operating margin25.9%
Equity ratio-187.6%
Balance-sheet contextLatest financial period
Other operating income€416,824Previous: €13,778
Inventory€176,020Previous: €239,350
Cash and bank€39,999Previous: €7,873
Retained earnings-€1,029,463Previous: -€839,498
Equity-€804,820Previous: -€918,059
Liabilities€1,233,864Previous: €1,488,675
Current assets€275,384Previous: €331,689
Current liabilities€714,636Previous: €1,408,643
Revenue trend2 periods
€1,127,939
2024-12-31
€837,616
2025-12-31
Operating profit (loss) trend2 periods
-€129,631
2024-12-31
€217,136
2025-12-31
Profit (loss) for the financial year trend2 periods
-€143,850
2024-12-31
€159,354
2025-12-31
Assets trend2 periods
€570,616
2024-12-31
€429,044
2025-12-31
Financial ratios
Financial ratios based on financial statement data. Source: PRH/XBRL-tilinpäätös.
Equity ratioWeak
0/100 · Declining
Current ratioWeak
10/100 · Improving
Operating profit marginGood
93/100 · Improving
Ratio history
| Ratio | 2024-12-31 | 2025-12-31 |
|---|---|---|
| Equity ratio | -160.9 % | -187.6 % |
| Current ratio | 0.18x | 0.30x |
| Operating profit margin | -11.3 % | 17.3 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID0368869-9
VAT IDFI03688699
EU IDFIFPRO.0368869-9
MunicipalityPyhätunturi
Current registered entries
1980-10-31Registered in Patent and Registration Office (Trade Register)
1980-11-01Registered in Tax Administration (Employer Register)
1980-11-14Registered in Tax Administration (Tax Administration)
1994-06-01VAT-liable for business activity in Tax Administration (VAT Register)
2014-03-01Registered in Tax Administration (Prepayment Register)
Risk certificate
An open-data based company stability and risk signal.
BUSINESS.fi
BUSINESS.fi Luottoluokitus
Profile-specific risk signal based on open data
Automatic gradeNot a credit decision
D
High riskVeljekset Karjalainen Oy
Grade unchangedD · new analysis 2026-10-18
19/100
High
Strong financial evidenceFinancial data included
Several key financial indicators have weakened across comparable fiscal periods.
2 comparable periodsProfitabilityImproving
LiquidityStable
Same industry, size and age groupDescriptive comparison – does not change the model score.
188 peersSolvency3%
Below 97% of peers
Profitability85%
Better than 85% of peers
Liquidity46%
Close to the peer-group midpoint
Revenue growth15%
Below 85% of peers
RegularBased on observed PRH financial period end and registration dates. This descriptive evidence does not change the v0.14 score.
3 observed filings127 days after period end
133 days after period end
2 consecutive periods
Supporting factors
- Strong operating profitability
- Long registry continuity
Risk factors to note
- Negative equity
- Weak current ratio
- High balance-sheet leverage
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
5 assessmentsD
2026-10-1819/100 · v0.15
D → DD
2026-09-29 03:3319/100 · v0.14
D → D · -10 points- Evidence strengthened: a PRH/XBRL financial statement was added to the assessment (2025-12-31).
- Assessment confidence: Medium → High.
- Evidence quality: Registry and statistical evidence → Strong financial evidence.
D
2026-09-1529/100 · v0.14
D → D- Assessment confidence: Low → Medium.
- Evidence quality: Registry and statistical evidence → Registry and statistical evidence.
- New risk factor: Sufficient structured financial metrics are not available.
D
2026-09-1429/100 · v0.12
Oldest retained automatic assessment in this comparisonD
2026-10-18
open-risk-grade-v0.15
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details as well.
Risk context
When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskhigh
25/100
Industry context is high based on normalized open statistical inputs.
Age and continuityVakiintunut
90/100
The company has about 45 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
15 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Risk grade updatedRisk gradeEvidence verified
14 Sept 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
31 register eventsLatest event: 2026-08-05
Financial statements availability
Available financial statement periods and PRH source filings.
3 financial statement periodsLatest financial period: 2025-12-31
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.
This company profile has not been claimed yet
Veljekset Karjalainen Oy shows public core facts. A company representative can claim the profile, update public information, and access owner tools.